//Cost Reduction
Cost Reduction 2017-12-08T11:39:42+00:00

Cost Reduction

Most profitable companies now are highly focussed on reducing costs by bringing effective ways of improving productivity & process efficiency. RIB Consulting brings innovative cost improvement Kaizen tools to increase profitability. We follow a customised approach of cost reduction for each of its client that includes:

  • Study P&L of our client in detail

  • Identify key high costs elements

  • Conduct root cause analysis on Major issues & inefficiencies

  • Implement Corrective & Preventive actions for improvement

Our clients with implementation of Kaizen techniques, in association with our consultants, have managed to reduce their key costs by 30-40%. We leverage Lean Management and Continual Improvement Kaizen tools and processes through our proprietary RIB Model that will help reduce

Some of the powerful Kaizen tools implemented are:

  • Total Productive Maintenance (TPM) & Standard work to reduce material losses

  • Total Quality Management (TQM) to reduce rejections & improve quality

  • Energy Management to ensure effective energy consumption & minimise energy losses

  • Kanban, Inventory Management & Just-in-time (JIT) to reduce excess inventory & eliminate stock outs

  • Total Productive Maintenance (TPM) & Reliability Maintenance to increase machine output & Overall equipment effectiveness (OEE)

  • Line Balancing & Cellular Manufacturing to increase manpower productivity

By partnering with us, our clients are able to reduce costs and leverage gains for longer-term profitable growth.

View Cost Reduction success story of largest manufacturer of plastic bottles in Kenya>

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